Southwest Airlines will no longer take money in the U.S.
Put those away Franklins, Grants and Jacksons because Southwest Airlines is no longer accepting cash to buy tickets at airports at the U.S.
It is part of their Dallas-based airline’s effort to cut down tackling paper currency that goes back more than a decade. As of July 1, Southwest ceased accepting cash payments to book flights or to pay for updates and extra luggage\.
Many companies and perhaps even national governments are encouraging people to quit using cash as a way to cut down on social contact and disease spread during the COVID-19 pandemic.
In fact, the U.S. government are reporting a shortage in coins.
Southwest was trying to get rid of cash for years.
“The shift into cashless at the airport was in the works for awhile before COVID,” stated Southwest spokesman Dan Landson. “And we stopped accepting money onboard in 2008.”
Not one of the significant airlines have enabled money payments for ages. American Airlines does not allow cash payments at any of its major U.S. hubs.
“The majority of our mainline cities have been cashless for a while,” said American Airlines spokesman Ross Feinstein. “A few regional cities are finishing the transition”
American Airlines stopped accepting cash at DFW International Airport in 2018.
Southwest is still allowing cash payments at global ticket counters, however.
Southwest did not say why it’s doing away with money, but a lot of businesses are attempting to eliminate the burden of paper cash.
Restaurants have been among the most aggressive in only taking debit and credit cards for transactions, including establishments like Drake’s Hollywood and Bellagreen.
While debit and credit cards carry a cost for merchants, some have contended that its lower compared to the burden on companies to accept cash.
“Much has been made about the price of debit and credit transactions,” said Greg Buzek, president of research company IHL Group, in a statement following a 2018 research on going cashless. “But the actual cost of cash ranges from 4.7% to over 15% for some retail segments. These costs are often hidden since they are part of a supervisor or manager’s job rather than their complete focus.”
Airlines and other businesses have to train workers to use cash registers, count cash daily and transport that cash to banks using security services.
Onboard flights, flight attendants would have the exact same problem and after that need to cash out when they are often expected to run to their next excursion.
Southwest began the acceleration away from cash earlier this season. Beginning June 3, the airline only allowed cash at 25 of its biggest U.S. airports, including Dallas Love Field.
As for personal checks, Southwest doesn’t take those either and neither does American.
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